BIT, ARRA Networks team up to bring rural Bangladesh under internet coverage

Business Information Technology (bit) has teamed up with US-based ARRA Networks to introduce their new internet last-mile technology in Bangladesh.
2 June 2022, 14:13 PM

2 rice wholesalers in Savar fined for charging more than market price

A mobile court in a drive in Savar today (June 2, 2022) fined two rice wholesale shops for charging curtomers more than the market price.
2 June 2022, 13:35 PM

‘Damages in haors should not fuel rice prices now’

“The highest amount of rice was produced in the previous season. The country should get benefit of it now,” said Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
2 June 2022, 13:20 PM

Lankan Alliance Finance opens relocated office of principal branch

Lankan Alliance Finance Ltd (LAFL), a joint venture non-bank finance company with multinational collaboration, has recently inaugurated its principal branch in a new location.
2 June 2022, 12:41 PM

Singer inks deal to take 35 acres on lease at BSEZ

Singer Bangladesh has signed an agreement with Bangladesh Special Economic Zone (BSEZ) in Narayanganj’s Rupganj to take 35 acres of land on lease to establish new manufacturing complex.
2 June 2022, 11:44 AM

Check hallmark before buying gold: jewellers’ association

The Bangladesh Jewellers Samity (Bajus) has urged the buyers to check the hallmark on gold jewelleries to be confirm about their quality before purchasing those.
1 June 2022, 15:50 PM

ServicEngine wins National Productivity Awards for contribution in IT sector

Syed Akram Hossain, chief operating officer at ServicEngine, received the award from Nurul Majid Mahmud Humayun, industries minister, in a programme held at the Pan Pacific Sonargaon in the capital on Sunday.
1 June 2022, 15:26 PM

Govt to widen social safety net programme: Kamal

The government will broaden its social safety net programmes in the upcoming national budget to continue support to the country’s marginalised population, Finance Minister AHM Mustafa Kamal said yesterday.
1 June 2022, 15:04 PM

Female businesses want income up to Tk 5 lakh to be tax-free

They also proposed reducing the corporate income tax by 10 percentage points to 20 per cent for businesses owned by women.
1 June 2022, 14:49 PM

Bhutan wants to finalise 2017's transit deal to use Mongla, Banglabandha ports

Bhutan wants Bangladesh to make 2017’s transit route deal functional soon so that the landlocked country can use Mongla and Banglabandha ports to carry goods from and to Bangladesh through India.
1 June 2022, 13:58 PM

Stocks on a gaining streak

Stocks continued to rise today for the fifth consecutive day.
1 June 2022, 10:09 AM

India's March quarter GDP growth at one-year low

India's economic growth slowed to the lowest in a year in the first three months of 2022, hit byweakening consumer demand amid soaring prices that could make the central bank's task of taming inflation without harming growth more difficult.
31 May 2022, 16:39 PM

FBCCI seeks relaxed loan classification until Dec

The country’s apex trade body today urged the Bangladesh Bank to take steps so that existing borrowers are not classified as defaulters until December this year.
31 May 2022, 15:23 PM

Square Pharma gets go-ahead to start manufacturing in Kenyan factory

The company will manufacture and sell generic pharmaceutical medicine in Kenya and East African Community (EAC).
31 May 2022, 14:38 PM

Bangladesh’s first exchange-traded fund in three months

Bangladesh is set to get its first ever exchange-traded fund (ETF) within three months that will give a new product to investors and contribute to stabilise the stock market.
31 May 2022, 12:46 PM

Runner Automobile wins National Industrial Productivity and Quality Excellence Award 2020

Local motorcycle manufacturer and exporter Runner Automobile Ltd has won the “National Industrial Productivity and Quality Excellence Award 2020” in the large industrial category given by the industries ministry.
31 May 2022, 11:17 AM

Dhaka bourse’s index rises, but turnover falls 23%

Turnover at the Dhaka Stock Exchange (DSE) dropped 23 per cent today, but the index experienced a slight rise from the previous day.
31 May 2022, 10:45 AM

How much per capita debt does Bangladesh have?

Despite collecting lakhs of crores of taka in revenue, every time the government falls short of fund to finance the whole budget and has to take crores of taka in loan from local and foreign sources.
31 May 2022, 05:59 AM

Banks asked to transfer funds to Saudi Arabia for Hajj pilgrims

The Bangladesh Bank yesterday asked banks to take measures to transfer the funds related to the expenditures of aspirant Hajj pilgrims in Saudi Arabia.
30 May 2022, 16:23 PM

Banks asked to convert export proceeds into taka immediately

Bangladesh Bank has asked banks to convert major export earnings of businesses into taka immediately as it looks to increase the supply of US dollars in the economy.
30 May 2022, 16:20 PM